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GBP/USD Retakes 1.44

Discussion in 'Technical Analysis' started by Kaitlin, Mar 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    On Monday the Sterling experienced the expected corrective decline against the Buck and returned below the 1.44 major level. However, according to technical indicators, the Pound is likely to appreciate again and extend its recovery towards the current broadening falling wedge's resistance line. The Cable remains supported by the weekly[​IMG]

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